Goldman Sachs Bank
Analysis
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Edited by General
Marcus in the online division of Goldman Sachs and was purchased from GE Capital a decade ago.
Advantages
- Savings and CD products are generally very competitive. Balance requirements are low and the bank's online savings product doesn't have any fees.
- The bank offers 24/7 customer service which is generally considered outstanding.
Disadvantages
- As one of the largest bank in the US, Goldman Sachs should be much more proactive about addressing the climate crisis, but it has continued to heavily fund fossil fuels.
- Marcus doesn't offer its customers ATM cards or enable mobile check deposit, making it basically impossible to use without a corresponding account at a brick-and-mortar bank.
Savings Fees
| Fee Type | |
|---|---|
| Non Sufficient Funds | $0.00 |
| Maintenance | $0.00 |
| Out-of-network ATM | $0.00 |
| Excessive Transaction | $0.00 |
| Incoming Wires | $0.00 |
Goldman Sachs Bank Reviews
A Terkowitz
February 15, 2024 |
best bank on the list but no longer the most competitive
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